Revenue Exceeds Expectations
Revenue for Q3 2025 was $85.5 million, surpassing expectations. North America was a strong contributor, generating $36 million, driven by Tier 1 customer deployments.
High Non-GAAP Gross Margin
Non-GAAP gross margin remained high at 35%, slightly up from the prior year period, attributed mainly to success in North America.
Positive Free Cash Flow
Ceragon generated $3.3 million in free cash flow for the quarter, demonstrating the resilience of the business model.
Advancements in E-Band Technology
Completed three proof of concept E-band deployments with T1 operators and ISPs, highlighting potential for boosting network capacity and reducing costs.
Smart City and Private Network Projects
Phase one of a large smart city project in Latin America could generate $7 to $8 million in recurring revenue. Additionally, a major e-commerce company in the US is using Ceragon's 60 GHz solution for video security.
Managed Services and Digital Twin Expansion
Secured a contract with a major Colombian mobile operator for end-to-end managed services, showcasing expanded capabilities in network reliability.
Strong Performance in North America
North America led growth, delivering record revenue and bookings, primarily driven by Tier 1 customer deployments.